Pay outstripped price rises by 3.4% between October and December while the unemployment rate remains unchanged.

The John Lewis Partnership and Currys on Thursday became the latest major British retailers to give their staff ...

Grocery inflation in Britain remained flat last month, according to market researcher Kantar, which said supermarket ...

Dave Ramsden told the Bureau for Economic Research at South Africa's Stellenbosch University that recent data on wages was a ...

Average wages are continuing to outpace inflation ... while for the public sector it was 4.7%. The UK's inflation rate, which measures the rate consumer prices rise at over time, was 2.5% in ...

Market-based inflation expectations have remained relatively steady and close to the 2% target despite the political ...

The John Lewis Partnership is giving 65,000 workers a pay rise of at least 7.4% from April, ahead of an increase in the UK's ...

the consultancy’s deputy chief UK economist. “We think the loosening in the labour market will feed through to a faster fall in wage growth, causing services CPI inflation to fall faster too.” ...

EU mid-market update: UK GDP and production data disappoints; Themes complex as Putin issues demands on Ukraine ceasefire ...

About 65,000 John Lewis shop workers will get a raise of at least 7.4% while Currys’ 15,000 retail staff will get a 6% ...